Why OQEP

OQEP is a successful operator with a commercial mindset It is the preferred partner for the Government’s participation rights It is responsible for the joint marketing of new opportunities with the Omani Government to IOCs OQEP has proven success in partnering with leading IOCs

OQEP holds a prominent position in key Oman upstream assets It has 9 producing blocks in Oman, both operating and non-operating OQEP’s asset base is gas weighted, positioning it for the future, whilst providing a base of stable revenues 59% of OQEP’s WI 2P Reserves are gas

OQEP has delivered exceptional growth, increasing production by 13x since its 2009 inception; production at OQEP’s flagship Block 60 has increased by 8x

OQEP offers a low-cost asset base with high cashflow efficiency It has a low cost of production at less than $10/boe OQEP is self-funded, with low leverage at 0.4x net debt/EBITDA Industry top quartile returns of 22% for ROCE OQEP offers attractive shareholder returns, with a dividend yield of ~10% combined with the potential upside of a Performance Linked Dividend

OQEP benefits from an experienced management team driving its growth strategy, with each team member having an average of 25 years in the industry. OQEP has integrated its ESG responsibilities into its strategy, delivering an emission profile below the industry target, whilst ensuring the safety of its people through rigorous HSSE strategies and programmes.

OQEP benefits from an experienced management team driving its growth strategy, with each team member having an average of 25 years in the industry OQEP has integrated its ESG responsibilities into its strategy, delivering an emission profile below the industry target, whilst ensuring the safety of its people through rigorous HSSE strategies and programmes